Advantages of Commercial Solar
The government offers a super capital tax allowance for businesses who choose to install solar power systems. This allows them to claim the full cost of the system as a deduction from their taxable profits in the first year.
This community centre has reduced their dependency on natural gas for heating and hot water with a new commercial air source heat pump and solar install. The energy produced by this eco technology now powers 78% of their electrical requirements.
Reduce Your Energy Bills
One of the primary advantages of commercial solar energy systems is their ability to significantly reduce business costs. By generating electricity from the sun, your business becomes less reliant on power from the grid, cutting electricity costs and potentially saving thousands of dollars over the long term.
Businesses are increasingly being asked to demonstrate their commitment to sustainability, and a commercial solar system is an excellent way to do this. By producing clean, renewable energy, your business can show clients and customers that you’re an environmentally conscious business, while also helping to combat climate change.
Additionally, many businesses are able to benefit from government rebates and feed-in tariffs for the electricity they generate with their commercial solar systems. This can add another source of income for your business and help offset the initial investment cost. This is a great way to increase your return on investment and ensure you get the best value for money from your commercial solar installation.
Increase Your Property Value
Commercial property owners that are looking to sell will find that solar panels increase the value of their building. This is due to the fact that it reduces operating expenses which is a major factor in determining the fair market value of the property.
A study cited in the Appraisal Journal reports that for every $1 reduction in annual utility bills, your property’s market value increases by $20. This makes it an easy way to improve the return on your investment.
Adding solar to your business also helps you demonstrate a level of social responsibility that has many benefits. It shows your customers, tenants and employees that you care about the environment and are a leader in sustainability.
It’s important to note that not all commercial buildings will benefit from a solar energy system. For example, if the building sits in a location that experiences frequent periods of darkness or shading, it may not be suitable for generating solar power.
Save Money on Maintenance
We offer industry-leading warranties on both products and workmanship, meaning you will never be caught out with any unexpected costs or bills after your installation. We also offer a number of flexible payment options, including a power purchase agreement (PPA) that can help you save even more on your electricity bills.
With a PPA, you can choose to buy your commercial solar system from us, or let a third party retailer own and operate it on your premises and sell you the electricity that it generates. PPAs also allow you to track your solar energy generation and consumption, allowing you to keep your post-solar electricity bills as low as possible.
The Far Community Centre was looking to reduce their carbon footprint and bring down their electricity bills, so they decided to invest in a new commercial solar system and air source heat pump. They now generate 78% of their energy needs from the sun! With this, they are now saving money on their electricity bills and becoming independent of the rising cost of power dictated by their energy companies.
Increase Your Sustainability
A commercial solar installation is an excellent way to demonstrate your commitment to sustainability. It also helps mitigate the risk of rising electricity prices and can help your business become more resilient. In addition, you can gain a competitive advantage by demonstrating your green credentials to customers and investors.
In Australia, businesses are increasingly under pressure to reduce their energy bills and carbon emissions. Commercial solar solutions can help businesses meet these goals and gain a competitive edge in the market. They can provide a rapid return on investment and can be financed through government incentives and discounts, reducing upfront costs. They can also enable businesses to generate additional income by selling their excess power back to the grid and claiming solar feed-in tariffs. HCB Solar is an accredited Australian installer that offers a full range of commercial solar solutions, including custom design and ongoing technical support and warranty service. We have the expertise to optimise your system for your energy needs, while delivering maximum return on investment.
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